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Investors and consumers are regaining confidence in the travel industry.
Last week, full-service property management company Vacasa announced a $108 million investment round, a bit of good news for the travel and hospitality world, which has been devastated by the Covid-19 pandemic, from airlines to hotels and vacation rental services such as Airbnb and Vrbo, which Vacasa partners with to boost the reach of its hosts’ homes.
“We manage the entire vacation rental management process from start to finish, including marketing and booking, housekeeping and maintenance,” said Vacasa interim CEO Matt Roberts.
With reopening underway across the country, investors are hopeful for a comeback.